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Added on the 17/05/2016 18:24:01 - Copyright : Reuters EN
Soaring inflation in the eurozone meant the European Central Bank would soon have to bring an end to its long-standing policy of negative interest rates, the head of the German central bank says. SOUNDBITE of Bundesbank chief Joachim Nagel
German President Steinmeier appoints Joachim Nagel as the new head of the Bundesbank as the EU's top economy comes under pressure from inflation and Omicron. IMAGES
Former central bank chief Abdolnaser Hemmati casts his ballot in the Iranian presidential elections at a polling station in Tehran. IMAGES
President of World Bank Ajay Banga, Brazilian President Luiz Inacio Lula da Silva, Indian Prime Minister Narendra Modi, South African President Cyril Ramaphosa, and US President Joe Biden pose for photos before a meeting. IMAGES
European Central Bank President Christine Lagarde says Eurozone inflation is slowing but is still expected to be "too high for too long", as the ECB raises interest rates for the ninth consecutive time. SOUNDBITE